According to the report of MarketWatch.com, if Eastman Kodak.CO carries through Chapter 11 bankruptcy filing in the coming week, it could mark the end of a rich 131 years history for the king of all thing related to Photos and Cameras. Iconic film maker Kodak is set to file for Chapter 11 bankruptcy, according to […]

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After losing my job and not being able to pay my bills I had a couple of credit card companies take me to court. They got judgments against me, which I still can’t pay. Can these judgments be wiped out if I file for bankruptcy? If you are filing chapter 7 bankruptcy judgments are basically […]

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Are my creditors notified about my bankruptcy filing by email, or phone, or what? Do I have to tell them I’m filing for bankruptcy? I’m so scared to talk to them, I can’t pay them. As soon as you file your bankruptcy petition an automatic stay goes into effect. This stay stops creditors from being […]

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I’m worried about a friend that is considering filing bankruptcy. What are the effects that bankruptcy will have on her as she moves forward in life? Does a bankruptcy go on personal records that credit companies will see, or employers? How long will this affect her? A bankruptcy filing stays on your personal credit report […]

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I’m wondering how filing bankruptcy works if you are married. For instance, what happens if one of us has really bad credit but the other one has good credit, do we have to file together? Can just one of us file bankruptcy without it affecting the other person? I don’t want a bankruptcy to make […]

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